At least this time we know it was for a good reason - unlike the 2008/9 recession.
As for taxes... income tax increases need to be the last thing they consider. I’ll be so mad if companies like Amazon and celebrities don’t pay their fair share before mine increases. It’s time the whole tax system was reviewed and loopholes closed for good. Unlike previous chancellors, I get the impression Sunak knows what he’s doing though.
Also, we have £200 billion in gold just sat in the Bank of England. Might be time to sell some of it and plug the gap.
As for taxes... income tax increases need to be the last thing they consider. I’ll be so mad if companies like Amazon and celebrities don’t pay their fair share before mine increases. It’s time the whole tax system was reviewed and loopholes closed for good. Unlike previous chancellors, I get the impression Sunak knows what he’s doing though.
Also, we have £200 billion in gold just sat in the Bank of England. Might be time to sell some of it and plug the gap.
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